August 03, 2022

Intraday Update: GM

Let's lock in some money on GM. A big green open has the stock nearing 32.50 early, so the plan will be to close the current Sep16 $35 call and roll up to a lower debit Sep16 $38 - $42 call spread. The next target is 39+.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication